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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Phil Jacobson who wrote (2436)3/31/1998 5:00:00 PM
From: Cary C  Read Replies (2) | Respond to of 29382
 
Phil no real news coming on APCO that those of us who are in it don't already know. Well there is one thing that is public knowledge that I know about that nobody has mentioned yet.

Anybody venture to guess what it might be? Sergio and Mike aren't allowed to play :>)

Cary



To: Phil Jacobson who wrote (2436)3/31/1998 9:56:00 PM
From: davedmg  Respond to of 29382
 
>>You should do some paper trading with their recommendations. It looks like a ridiculous trading system....<<

Actually, if you back test VV strategies with more than a couple of stock picks, the system works pretty well. With a choice of 10 stocks, in fact, it works very well: very substantial portfolio gains can be seen. The problem -- as I see it, anyway -- is that I can only choose one or two of the VV picks to buy; and I've been burned a number of times because the high VST stocks fizzle out. Secular stagnation takes over many of those high VST stocks which don't succumb to profit takers, and those stocks can lose LOTS of money before VV signals a Hold or Sell.

On balance, though, I think that buying low and selling high is likely to be a safer strategy than buying high and selling higher.

Thanks for your post. I enjoy this Forum and posts like yours very much.